{
  "url": "https://openlegislation.uk/draft-companies-and-partnerships-accounts-and-audit-regulations-2013/regulation-2",
  "json_url": "https://openlegislation.uk/draft-companies-and-partnerships-accounts-and-audit-regulations-2013/regulation-2.json",
  "legislation": "ukdsi/2013/9780111100325",
  "legislation_title": "The Companies and Partnerships (Accounts and Audit) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/draft-companies-and-partnerships-accounts-and-audit-regulations-2013",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendments to the 2006 Act",
  "text": "(1) The 2006 Act is amended as follows.\n(2) In section 384 (companies excluded from the small companies regime)—\n(a) in subsection (2), after paragraph (c) insert—\n“(ca) an e-money issuer,”; and\n(b) in subsection (2)(d) omit “an e-money issuer,”.\n(3) Section 448 (unlimited companies exempt from obligation to file accounts and reports) is amended as follows.\n(4) In paragraph (b) of subsection (3)—\n(a) omit the “or” preceding sub-paragraph (iii),\n(b) in that sub-paragraph after “partnership” insert “which is not a limited partnership,”, and\n(c) after that sub-paragraph insert—\n“, or\n(iv) a Scottish partnership which is a limited partnership, each of whose general partners is a limited company.”\n(5) In the words after that paragraph, for “or a Scottish partnership” substitute “, a Scottish partnership which is not a limited partnership or a Scottish partnership which is a limited partnership”.\n(6) For subsection (5) substitute—\n“(5) In this section—\n“general partner” means—\n(a) in relation to a Scottish partnership which is a limited partnership, a person who is a general partner within the meaning of the Limited Partnerships Act 1907; and\n(b) in relation to an undertaking incorporated in or formed under the law of any country or territory outside the United Kingdom and which is comparable to a Scottish partnership which is a limited partnership, a person comparable to such a general partner;\n“limited partnership” means a partnership registered under the Limited Partnerships Act 1907; and\nthe “relevant accounting reference period”, in relation to a financial year, means the accounting reference period by reference to which that financial year was determined.”\n(7) In section 467 (companies excluded from being treated as medium-sized)—\n(a) in subsection (1), after paragraph (b) (but before the “or” following it) insert—\n“(ba) an e-money issuer,”;\n(b) in subsection (2), after paragraph (c) insert—\n“(ca) an e-money issuer,”; and\n(c) in subsection (2)(d) omit “an e-money issuer,”.\n(8) In section 474 (minor definitions for the purposes of Part 15), in the definition of “e-money issuer”, for “means” substitute—\n“means—\n(a) an electronic money institution, within the meaning of the Electronic Money Regulations 2011 (S.I. 2011/99), or”.\n(b)\n(9) In section 539 (minor definitions for the purposes of Part 16), in the definition of “e-money issuer”, for “means” substitute—\n“means—\n(a) an electronic money institution, within the meaning of the Electronic Money Regulations 2011 (S.I. 2011/99), or”.\n(b)",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "s.384(2) was amended by the Financial Services Act 2012 (c.51) and S.I. 2007/2932."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "s.448(3)(b) was substituted by regulation 13(a) of SI 2008/393."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "1907 c.24."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2013/9780111100325/regulation/2",
    "retrieved_at": "2026-10-30T15:15:31.037514+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}